Product Code: ETC275364 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India nickel-copper market import shipment demonstrated robust growth with a significant CAGR from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024. Overall, the market expanded steadily, indicating strong momentum and a positive long-term trend.
The India nickel-copper market is a significant segment of the country`s metal processing and manufacturing industry. Nickel-copper alloys, also known as cupronickel, are used for various applications, including electrical components, marine equipment, and coinage. The market`s growth is driven by the increasing demand for nickel-copper alloys in diverse industries due to their excellent corrosion resistance and electrical conductivity. The rise in infrastructure projects and the growth of the electrical and electronics industry also contribute to the demand for nickel-copper products. Key players in the market offer high-quality nickel-copper alloys with varying compositions and specifications to meet specific industry requirements.
The India nickel-copper market is influenced by several key drivers. Firstly, the growth of the electrical and electronics industries and the increasing demand for nickel-copper alloys for electrical conductors, connectors, and electronic components drive the market for these materials. Nickel-copper alloys, such as constantan and cupronickel, offer excellent electrical conductivity and corrosion resistance, making them essential components in various electrical applications. Secondly, the expansion of the automotive and aerospace industries fuels the demand for nickel-copper alloys used in automotive components, heat exchangers, and aircraft parts. The focus on lightweight and high-performance materials further contributes to the market`s expansion. Additionally, the adoption of nickel-copper alloys in marine applications, such as shipbuilding and offshore structures, creates additional opportunities for the nickel-copper market in India.
The India nickel-copper market encounters challenges related to the demand for high-quality nickel-copper alloys with specific properties. As industries seek specialized materials for diverse applications, manufacturers need to address challenges in alloy development and production.
The India Nickel-Copper market faced challenges during the Covid-19 pandemic, primarily due to disruptions in industrial activities and manufacturing operations. Nickel-copper alloys are used in various applications, including electrical equipment, plumbing, and industrial machinery. With industrial slowdowns and reduced demand for some products and processes, the demand for nickel-copper alloys experienced a temporary decline. Additionally, supply chain disruptions and logistic challenges impacted the availability of raw materials and finished products. However, as industrial activities gradually resume and demand for consumer goods and equipment recovers, the market for nickel-copper alloys is expected to rebound. The emphasis on corrosion-resistant and high-performance materials may drive the demand for advanced nickel-copper alloys in India.
The India nickel-copper market is served by key players specializing in nickel and copper products and manufacturing. Some notable players include Vedanta Limited, Hindalco Industries Limited, Jindal Stainless Limited, and Nickel Asia Corporation. These companies provide a wide range of nickel-copper alloys, including nickel-copper tubes, wires, and plates, used in various industries, including electronics, aerospace, and marine. Their focus on product quality, metallurgical expertise, and customized solutions has positioned them as key players in the nickel-copper market in India.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Nickel-copper Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Nickel-copper Market Revenues & Volume, 2021 & 2031F |
3.3 India Nickel-copper Market - Industry Life Cycle |
3.4 India Nickel-copper Market - Porter's Five Forces |
3.5 India Nickel-copper Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Nickel-copper Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Nickel-copper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for nickel and copper in the manufacturing and construction industries in India |
4.2.2 Growth in infrastructure development projects driving the need for nickel and copper |
4.2.3 Technological advancements leading to higher efficiency in nickel and copper extraction and processing |
4.3 Market Restraints |
4.3.1 Fluctuating global prices of nickel and copper impacting the market in India |
4.3.2 Environmental regulations and concerns affecting mining and production processes |
4.3.3 Competition from substitute materials impacting the demand for nickel and copper |
5 India Nickel-copper Market Trends |
6 India Nickel-copper Market, By Types |
6.1 India Nickel-copper Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Nickel-copper Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Nickel-copper Market Revenues & Volume, By Round Wire, 2021-2031F |
6.1.4 India Nickel-copper Market Revenues & Volume, By Flat Wire, 2021-2031F |
6.1.5 India Nickel-copper Market Revenues & Volume, By Square Wire, 2021-2031F |
6.1.6 India Nickel-copper Market Revenues & Volume, By Bars, 2021-2031F |
6.1.7 India Nickel-copper Market Revenues & Volume, By Shaped Profiles, 2021-2031F |
6.2 India Nickel-copper Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Nickel-copper Market Revenues & Volume, By Resistors, 2021-2031F |
6.2.3 India Nickel-copper Market Revenues & Volume, By Home Appliances, 2021-2031F |
6.2.4 India Nickel-copper Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Nickel-copper Market Import-Export Trade Statistics |
7.1 India Nickel-copper Market Export to Major Countries |
7.2 India Nickel-copper Market Imports from Major Countries |
8 India Nickel-copper Market Key Performance Indicators |
8.1 Percentage of India's GDP allocated to infrastructure development projects |
8.2 Number of new manufacturing facilities using nickel and copper in India |
8.3 Adoption rate of new extraction and processing technologies in the nickel-copper industry in India |
9 India Nickel-copper Market - Opportunity Assessment |
9.1 India Nickel-copper Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Nickel-copper Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Nickel-copper Market - Competitive Landscape |
10.1 India Nickel-copper Market Revenue Share, By Companies, 2024 |
10.2 India Nickel-copper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |